Consumer loan definition

Consumer loan means a loan made by a financial institution in which:
Consumer loan means the same as defined in section 537.1301.
Consumer loan means a loan as defined in section 537.1301.

Examples of Consumer loan in a sentence

  • It, directly or indirectly, shall not take any action or permit or cause any action to be taken by any of its agents or Affiliates, or by any independent contractor(s) on its behalf, to personally, by telephone, mail, or electronically by e-mail or through the Internet or otherwise solicit the Consumer Obligor under the Consumer Loan related to a Receivable to refinance the related Consumer Loan, in whole or in part, except as permitted pursuant to the Underwriting Guidelines.


More Definitions of Consumer loan

Consumer loan means a loan made by a person regularly engaged in the business of making loans in which:
Consumer loan means a loan made by a lender to a cus- tomer which is payable in installments or for which a finance charge is or may be imposed, and includes transactions pursuant to an open−end credit plan other than a seller credit card.
Consumer loan means a loan made to a consumer by a supervised lender for personal, family or household purposes, if the debt is payable in installments or a finance charge is made, including a loan made pursuant to a lender credit card. [PL 1979, c. 483 (NEW).]
Consumer loan means any extension of credit, including credit cards and other forms of revolving credit, to a natural person primarily for the purposes of purchasing consumer goods or services or for paying existing personal, family, or household debts;
Consumer loan means a loan made by a person regularly
Consumer loan means a loan of money or its equivalent made by a lender, the proceeds of which are used by the consumer to purchase or refinance the purchase of a motor vehicle, or which proceeds are used for personal, family, or household purposes, including debts created by the use of a lender credit card, revolving loan account, or similar arrangement, as well as insurance premium financing, with the lender acquiring a purchase money security interest in the purchased motor vehicle. A consumer loan may be secured by other collateral in addition to the purchased vehicle. The provisions of this Paragraph shall not apply to a consumer loan made pursuant to the Louisiana Deferred Presentment and Small Loan Act, R.S. 9:3578.1 et seq.
Consumer loan means a loan made by the lender to a person which is payable in installments for which a finance charge is or may be imposed. This term includes credit transactions pursuant to an open-end-credit plan other than a seller credit card.